SunGard Availability Services has selected Newmark Grubb Knight Frank (NGKF) as its corporate real estate provider for North America, managing real estate transactions for all of SunGard AS's facilities.
This includes sales offices, operations centres and data centre expansions in the US and Canada, as well as providing global lease administration.
SunGard AS is a provider of information availability solutions, delivering disaster recovery services, managed IT services, information availability consulting services and business continuity management software to its customers.
The North American portfolio includes approximately five million square feet of data centre and operations space.
NGKF Global Corporate Services had been providing lease audit services to SunGard AS prior to being awarded the transaction management and lease administration assignment.
"An important part of this win was the value proposition that Newmark Grubb Knight Frank global corporate services presented to SunGard AS. This included our leading-edge technology, the experience of our integrated team, the strength of our data centre consulting group and our ability to deliver consistent transaction management and lease administration services in all markets," says Michael Ippolito (pictured), chairman of NGKF global corporate services.